Katharine Mach, Associate professor at the University of Miami’s Rosenstiel School of Marine and Atmospheric Science
Joseph Goebbels, German Nazi politician and Reich Minister of Propaganda of Nazi Germany from 1933 to 1945.
Posted on 10/10/2019 10:32:19 AM PDT by Oldeconomybuyer
As sea levels rise, more and more homeowners will be desperate to sell their flooding homes. And increasingly, they’re expected to turn to an unusual buyer: the federal government.
It’s a form of retreat from climate change, one FEMA has been paying for since 1989 using local governments as the brokers. Economic models suggest buying people out will be the most common tool in poorer, less dense communities, and wealthier places will spend their cash armoring the coast so that residents can fight nature and stay in their homes.
But a study published Wednesday in the journal Science Advances showed the last three decades of buyouts actually buck that trend. Of the more than 43,000 properties FEMA has paid to demolish and return to nature, most of them are in rich counties.
That leaves researchers worried that buyouts - traditionally considered a tool to help the most vulnerable adapt to climate change - can actually worsen inequality.
“There is a real potential for our responses in a changing climate to make the fat cats fatter, so to speak, and to be to the detriment of our marginalized front line communities,” said Katharine Mach, an associate professor at the University of Miami’s Rosenstiel School of Marine and Atmospheric Science and a co-author on the study.
Despite the recent downtick of buyouts, experts say they’ll be a key tool to adapting to climate change in the future.
(Excerpt) Read more at miamiherald.com ...
Katharine Mach, Associate professor at the University of Miami’s Rosenstiel School of Marine and Atmospheric Science
Joseph Goebbels, German Nazi politician and Reich Minister of Propaganda of Nazi Germany from 1933 to 1945.
Apparently she didn't check the SOURCE when researching the subject...
Sitting in the Ozarks at 1100 foot above sea level, waiting for my Ocean view.
Amen!
Except I can't. Depending on the size of the home, beachfront prices tend to be from $3-30 million dollars.
Where are the depressed, fire sale beach front homes in the rest of the country?
Wonder what I can pick for 10 cents on the dollar?
Wonder what I can pick for 10 cents on the dollar?
Will they buy out Obama?
“the End of the World: women and minorities hardest hit”
-every MSM outlet, ever.
Climate change (eg winter) drives a lot of northeners to want to sell their homes and move south.
Hi.
I wonder why the 0bamas bought that beach side home in Martha’s Vineyard?
5.56mm
To bad she didn’t warn Barry before he and the Mooch bought beachfront
Climate change is like reverse snake oil. Snake oil cures all your ills. Climate change causes them all.
Both pitches are bullchit.
Gadfly academic twit...dumshit comes in all kinds of packaging.
Fill up a glass with ice. When it melts, does it over flow the rim? Answer, NO, in fact, it is lower then the brim as water contracts when unfrozen.
Climate change - isn't there anything it can't do?
Sheesh what BS.
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